Centro Medico Community Clinic Inc

Analysis

Centro Medico Community Clinic Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Centro Medico Community Clinic Inc reported income of $12.4m and spending of $13.2m, spending 107% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.3m to $12.4m (+281%), an average of +40% a year. The sharpest change came in the year to May 2023, when income rose by 77%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Centro Medico Community Clinic Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Donate Life Foundation ($12.4m), Judevine Inc ($12.4m) and Kahl Home for the Aged & Infirm ($12.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $539k (4.1% of expenses). At year end it held assets of $8.4m against liabilities of $6.5m, net assets of $1.8m. It reported 52 employees.